By Reg Jones
January 3rd, 2013 | Uncategorized
Q. About two years ago, a bill was submitted to allow credit of unused annual leave to FERS. Has this bill passed in any form to date? Has this been implemented to date? If so, how does one pursue this?
A. Yes, a law was passed that allowed FERS employees to get credit for accrued and unused annual leave in the computation of their retirement annuities. However, the law only granted half credit to anyone retiring before Jan. 1, 2014. Anyone retiring after Dec. 31, 2013, will get full credit.
Shyam Bajpai Says:
January 3rd, 2013 at 11:07 am
I think you are talking about SICK leave NOT Annual Leave
being added in annuity calculation. Thanks